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A degree of uncertainty in the medium term over Brexit: Pact

MUMBAI: The Producers Alliance for Cinema & Television (Pact), a trade association in the UK representing independent television, feature film, animation and new media, is disappointed with the UK’s decision to leave the EU given that 85% of its members voted in the survey before the referendum to remain.

Although Pact sees no immediate causes for concern, it says that there will be a degree of uncertainty in the medium term. Clearly, the timetable for this lies with the UK government.

In the short term, Pact will work with the government, industry colleagues and the EU institutions to ensure that it enjoys as many of the important commercial advantages as it currently does for all of its members across film, TV, children’s content and animation.

It will continue to address all issues not in the interests of UK producers such as the Digital Single Market proposals. Pact will continue to play a leading role in this debate to ensure that although the UK will no longer be part of this, in the longer term its members and UK businesses still trade in the EU and remain unaffected by any detrimental changes.

Pact chair Laura Mansfield said, “Pact members have already expressed their reservations around how a UK exit from the EU could impact on one of our main markets for UK content and formats. Pact will be working closely with both the UK government to feed into negotiations to make sure that necessary trade deals with Europe are secured as quickly as possible, and will continue to influence the Commission’s proposals around the Digital Single Market before they are finally agreed and impact on the UK TV and film sector.”